On The Quality Of Accounting Information In Public Company And Accounting Regulation

Accounting information is the basis of economic development in our society, and its truthfulness is the essential requirement. Effective operation of economy requires accounting information to reflect the truth. However, the present situation of accounting information quality is not optimistic. Therefore, according to the accounting information distortion of public companies, this article puts forwards the necessity of accounting regulation, especially by our government. Although our government has begun to research on setting up and perfect accounting regulation system of public company in our country, the research done on it is not satisfying. Based on that, the author takes the information quality and accounting regulation as a research object, adopts normative analysis, comparative analysis, and Watt and Zimmerman's "Research on History of accounting", learns from the foreign experience to research on the principles of accounting regulation models and the factors which have effect on it, and stress the function of the government, inner- business, society and media supervision.